SeaComm Federal Credit Union OFFICIAL BLOG

5 Easy Ways to Cut Your Expenses

Are you ready to take control of your money? Try these 5 simple tips that will allow you to save more and cut your expenses.

Save money on transportation. There are a variety of ways to do this; take turns carpooling to work, trade in your vehicle for a more gas efficient car, or use public transportation if it’s available to you.

Consolidate your loans. Refinancing your debt so that you can potentially lock in a lower interest rate and an overall lower monthly payment, will increase your monthly cash flow and make it easier to pay down your debt. Contact a SeaComm Financial Service Representative at 315-764-0566 today, to get started!

Sell unused items. Whether you sell online regularly or have an annual yard sale – it’s important to try to sell your unwanted items before you discard them. Pick a date, make some yard sale signs, price your items, and get ready to sell! Click here for some tips for a successful yard sale.

Practice energy efficiency in your home.Lower energy costs can be achieved in a few simple ways;

Seal your windows in colder weather to prevent air leaks.

Turn off unnecessary water.

Replace incandescent bulbs with compact fluorescent lamps or LED bulbs.

Unplug unused chargers and appliances.

Limit your AC use in warmer weather.

Reduce your grocery bill. It might seem difficult to be choosy with your groceries, especially if you have a large family. But there are a few easy ways you can lower your grocery expenses for the month and still purchase your favorite things; shop with coupons, shop the perimeter of the store first, buy less meat, and only purchase generic brands. Click here for some more Business Insider tips to help you reduce your grocery bill!